Christine Lagarde's challenges at the ECB
There are challenges ahead when Christine Lagarde takes over at the European Central Bank
There are challenges ahead when Christine Lagarde takes over at the European Central Bank. Her predecessor Mario Draghi has already restarted quantitative easing as the Eurozone seems headed back into recession. Markets.com's chief market analyst Neil Wilson explains how QE works, and Peter Brown, managing director of Baggot Investment Partners in Dublin tells us why he thinks it's a bad idea. Peter Praet who was until recently chief economist of the ECB makes the case for QE. And we get wider context from Maria Demertzis, deputy director of the Bruegel think tank in Brussels. Also in the programme, mobile phones have been buzzing back into life for the first time in over two months in India-controlled Kashmir. The 大象传媒's Aamir Peerzada has been talking to some of those affected and explains the background. Plus we travel to the Texas State Fair to find out about the money that can be made by coming up with outlandish culinary creations such as deep fried butter.
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World Business Report
The latest business and finance news from around the world, on the 大象传媒